other
confidence high
sentiment negative
materiality 0.15
BNO reports February 2025 net loss of $2.99M; NAV per share $30.03
United States Brent Oil Fund, LP
- Net loss of $2,988,184 for month ended Feb 28, 2025, driven by $3.48M realized trading loss.
- Net asset value declined to $90.1M from $100.7M at start of month.
- NAV per share $30.03 on 3.0M outstanding shares; net share decrease of 250,000.
- Dividend and interest income totaled $301,760; expenses were $95,784.